Gold loses ground as traders regain their appetite for risk
The metal is weaker as stimulus from Japan’s central bank, but losses are limited amid worry about global recession
27 April 2020 - 11:28
Bengaluru — Gold prices fell on Monday as risk appetite improved on further stimulus from Japan’s central bank and countries considering easing of coronavirus-led restrictions, though bullion’s losses were limited on worries over a global recession.
Spot gold eased 0.3% to $1,722.61/oz by 2.59am GMT. US gold futures rose 0.3% to $1,740.90...
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